The U.S. Treasury, in unusually blunt language, warned Wednesday that countries around the world may be forced to decouple their trade and supply chains from China if Beijing moves ahead with sweeping new export controls.
Speaking at a press briefing, Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer framed the Chinese initiative as a global threat to economic stability.
Bessent told reporters, “If China wants to be an unreliable partner to the world, then the world will have to decouple.
Read more at Newsmax© 2025 Newsmax. All rights reserved.
